California Water Service Group is a holding company. The Company operates through the supply and distribution of water and providing water-related utility services segment. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. It also provides non-regulated water-related services. The non-regulated services include water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites, lab services and promotion of other non-regulated services. The Company under its non-regulated contract arrangements, operates municipally owned water systems, privately owned water and recycled water distribution systems.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Water Utilities
- Sub-Industry: Water Utilities
- Symbol: NYSE:CWT
- CUSIP: 13078810
- Web: www.calwatergroup.com
Capitalization:- Market Cap: $1.65 billion
- Outstanding Shares: 48,021,000
Average Prices:- 50 Day Moving Avg: $35.47
- 200 Day Moving Avg: $34.71
- 52 Week Range: $28.60 - $39.40
P/E:- Trailing P/E Ratio: 32.81
- Foreward P/E Ratio: 24.78
- P/E Growth: 2.76
Sales & Book Value:- Annual Revenue: $609.68 million
- Price / Sales: 2.71
- Book Value: $13.56 per share
- Price / Book: 2.54
Dividend:- Annual Dividend: $0.72
- Dividend Yield: 2.1%
Profitability:- EBIDTA: $171.02 million
- Net Margins: 7.05%
- Return on Equity: 6.56%
- Return on Assets: 1.81%
Debt:- Debt-to-Equity Ratio: 0.85%
- Current Ratio: 0.74%
- Quick Ratio: 0.71%
Misc:- Average Volume: 178,456 shs.
- Beta: 0.65
- Short Ratio: 5.04
Frequently Asked Questions for California Water Service Group (NYSE:CWT)
What is California Water Service Group's stock symbol?
California Water Service Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWT."
How often does California Water Service Group pay dividends? What is the dividend yield for California Water Service Group?
California Water Service Group announced a quarterly dividend on Wednesday, April 26th. Shareholders of record on Monday, May 8th will be paid a dividend of $0.18 per share on Friday, May 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Thursday, May 4th. View California Water Service Group's Dividend History.
How were California Water Service Group's earnings last quarter?
California Water Service Group (NYSE:CWT) announced its earnings results on Thursday, April, 27th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.03. The company had revenue of $122.04 million for the quarter, compared to analysts' expectations of $128.30 million. California Water Service Group had a net margin of 7.05% and a return on equity of 6.56%. California Water Service Group's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) EPS. View California Water Service Group's Earnings History.
When will California Water Service Group make its next earnings announcement?
Where is California Water Service Group's stock going? Where will California Water Service Group's stock price be in 2017?
6 equities research analysts have issued 1-year target prices for California Water Service Group's stock. Their predictions range from $28.00 to $36.00. On average, they expect California Water Service Group's share price to reach $32.25 in the next twelve months. View Analyst Ratings for California Water Service Group.
Who are some of California Water Service Group's key competitors?
Some companies that are related to California Water Service Group include Telephone & Data Systems (TDS), PNM Resources (PNM), NorthWestern Corp (NWE), Cia Energetica de Minas Gerais CEMIG-ADR (CIG), UIL Holdings (UIL), South Jersey Industries (SJI), Avista Corp (AVA), Companhia Paranaense de Energia (ELP), El Paso Electric Company (EE), Atlantica Yield PLC (ABY), Pattern Energy Group (PEGI), NRG Yield, Inc. Class C (NYLD), Northwest Natural Gas Co (NWN), American States Water Co (AWR), TransAlta (TAC), Frontier Communications Corp (FTR), Otter Tail (OTTR) and TerraForm Power (TERP).
Who owns California Water Service Group stock?
California Water Service Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.38%), Vanguard Group Inc. (10.26%), Pictet Asset Management Ltd. (4.01%), Impax Asset Management LTD (3.64%), Dimensional Fund Advisors LP (3.36%) and State Street Corp (2.53%). Company insiders that own California Water Service Group stock include David B Healey, George A Vera, Lynne P Mcghee, Michael B Luu, Ronald D Webb, Terry Bayer and Timothy D Treloar. View Institutional Ownership Trends for California Water Service Group.
Who sold California Water Service Group stock? Who is selling California Water Service Group stock?
California Water Service Group's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Dalton Greiner Hartman Maher & Co., Baillie Gifford & Co., Morgan Stanley, Cutter & CO Brokerage Inc., Water Asset Management LLC, Ameriprise Financial Inc. and UBS Group AG. Company insiders that have sold California Water Service Group stock in the last year include David B Healey, Michael B Luu and Timothy D Treloar. View Insider Buying and Selling for California Water Service Group.
Who bought California Water Service Group stock? Who is buying California Water Service Group stock?
California Water Service Group's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Asset Management One Co. Ltd., Nuance Investments LLC, Parametric Portfolio Associates LLC, Vanguard Group Inc., Bank of America Corp DE, State Street Corp and Karp Capital Management Corp. Company insiders that have bought California Water Service Group stock in the last two years include George A Vera, Ronald D Webb and Terry Bayer. View Insider Buying and Selling for California Water Service Group.
How do I buy California Water Service Group stock?
Shares of California Water Service Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of California Water Service Group stock cost?
One share of California Water Service Group stock can currently be purchased for approximately $34.45.
Earnings History for California Water Service Group (NYSE:CWT)Earnings History by Quarter for California Water Service Group (NYSE:CWT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/26/2017 | | | | | | | | |
| 4/27/2017 | Q1 2017 | $0.05 | $0.02 | $128.30 million | $122.04 million | View | N/A |  |
| 2/23/2017 | Q416 | $0.20 | $0.31 | $146.33 million | $150.90 million | View | N/A | |
| 10/27/2016 | Q316 | $0.57 | $0.48 | $185.80 million | $184.27 million | View | Listen | |
| 7/28/2016 | Q216 | $0.24 | $0.24 | $121.55 million | $152.40 million | View | Listen | |
| 4/28/2016 | Q116 | $0.03 | ($0.02) | $102.65 million | $121.80 million | View | Listen | |
| 2/24/2016 | Q4 | $0.20 | $0.18 | $117.57 million | $138.40 million | View | Listen | |
| 10/28/2015 | Q3 | $0.67 | $0.52 | $183.36 million | $183.54 million | View | Listen | |
| 7/29/2015 | Q215 | $0.36 | $0.21 | $166.34 million | $144.41 million | View | Listen | |
| 4/29/2015 | Q115 | $0.01 | $0.03 | $104.06 million | $122.00 million | View | N/A | |
| 2/25/2015 | Q414 | $0.18 | $0.24 | $116.70 million | $137.40 million | View | N/A | |
| 10/29/2014 | Q314 | $0.68 | $0.70 | $205.51 million | $191.20 million | View | N/A | |
| 7/30/2014 | Q214 | $0.30 | $0.31 | $159.46 million | $158.40 million | View | N/A | |
| 4/30/2014 | Q114 | ($0.07) | ($0.11) | $111.52 million | $110.50 million | View | N/A | |
| 2/26/2014 | Q413 | $0.52 | $0.12 | $123.68 million | $133.70 million | View | N/A | |
| 11/6/2013 | Q313 | $0.52 | $0.61 | $182.83 million | $184.40 million | View | N/A | |
| 7/31/2013 | Q2 2013 | $0.27 | $0.28 | $145.73 million | $154.56 million | View | N/A | |
| 5/1/2013 | Q1 2013 | | ($0.03) | $116.17 million | $111.40 million | View | N/A | |
| 2/27/2013 | Q4 2012 | $0.09 | $0.12 | $117.42 million | $121.53 million | View | N/A | |
| 11/6/2012 | Q312 | $0.58 | $0.56 | $176.18 million | $178.10 million | View | N/A | |
| 7/25/2012 | | $0.33 | $0.31 | | | View | N/A | |
| 5/7/2012 | | $0.04 | $0.03 | | | View | N/A | |
| 2/29/2012 | | $0.18 | $0.04 | | | View | N/A | |
| 10/26/2011 | | $0.61 | $0.50 | | | View | N/A | |
| 8/3/2011 | | $0.25 | $0.29 | | | View | N/A | |
| 5/5/2011 | | $0.08 | $0.13 | | | View | N/A | |
| 2/23/2011 | | $0.34 | $0.23 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for California Water Service Group (NYSE:CWT)Current Year EPS Consensus Estimate: $1.30 EPS
Next Year EPS Consensus Estimate: $1.39 EPS
Current Dividend Information for California Water Service Group (NYSE:CWT)| Most Recent Dividend: | 5/19/2017 |
| Annual Dividend: | $0.72 |
| Dividend Yield: | 2.09% |
| Dividend Growth: | 2.50% (3 Year Average) |
| Payout Ratio: | 81.82% (Trailing 12 Months of Earnings)
55.38% (Based on This Year's Estimates)
51.80% (Based on Next Year's Estimates)
|
| Track Record: | 49 Years of Consecutive Dividend Growth |
Dividend History by Quarter for California Water Service Group (NYSE:CWT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/26/2017 | quarterly | $0.18 | 1.94% | 5/4/2017 | 5/8/2017 | 5/19/2017 |
| 1/25/2017 | quarterly | $0.18 | 2.07% | 2/2/2017 | 2/6/2017 | 2/17/2017 |
| 10/26/2016 | quarterly | $0.17 | | 11/3/2016 | 11/7/2016 | 11/18/2016 |
| 7/27/2016 | quarterly | $0.17 | | 8/4/2016 | 8/8/2016 | 8/19/2016 |
| 4/27/2016 | quarterly | $0.17 | | 5/5/2016 | 5/9/2016 | 5/20/2016 |
| 1/27/2016 | quarterly | $0.17 | | 2/4/2016 | 2/8/2016 | 2/19/2016 |
| 10/28/2015 | quarterly | $0.17 | | 11/5/2015 | 11/9/2015 | 11/20/2015 |
| 7/29/2015 | quarterly | $0.17 | | 8/6/2015 | 8/10/2015 | 8/21/2015 |
| 4/29/2015 | quarterly | $0.17 | 2.81% | 5/7/2015 | 5/11/2015 | 5/22/2015 |
| 1/29/2015 | quarterly | $0.17 | 2.58% | 2/5/2015 | 2/9/2015 | 2/20/2015 |
| 10/29/2014 | quarterly | $0.16 | 2.55% | 11/6/2014 | 11/10/2014 | 11/21/2014 |
| 10/17/2014 | oct 14 | $0.13 | | | 10/31/2014 | 11/17/2014 |
| 7/30/2014 | quarterly | $0.16 | 2.85% | 8/7/2014 | 8/11/2014 | 8/22/2014 |
| 4/30/2014 | quarterly | $0.16 | 2.92% | 5/8/2014 | 5/12/2014 | 5/23/2014 |
| 1/29/2014 | quarterly | $0.16 | 2.76% | 2/6/2014 | 2/10/2014 | 2/21/2014 |
| 10/30/2013 | quarterly | $0.16 | 2.94% | 11/7/2013 | 11/12/2013 | 11/25/2013 |
| 7/31/2013 | quarterly | $0.16 | 2.92% | 8/8/2013 | 8/12/2013 | 8/23/2013 |
| 4/24/2013 | quarterly | $0.16 | 3.24% | 5/2/2013 | 5/6/2013 | 5/17/2013 |
| 1/30/2013 | quarterly | $0.16 | 3.28% | 2/7/2013 | 2/11/2013 | 2/22/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for California Water Service Group (NYSE:CWT)Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 68.63%
Insider Trades by Quarter for California Water Service Group (NYSE:CWT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/2/2017 | David B Healey | VP | Sell | 1,000 | $35.70 | $35,700.00 | |
| 3/16/2017 | Michael B Luu | VP | Sell | 2,400 | $34.47 | $82,728.00 | |
| 10/11/2016 | George A Vera | Director | Buy | 3 | $31.75 | $95.25 | |
| 6/13/2016 | Timothy D Treloar | VP | Sell | 518 | $32.06 | $16,607.08 | |
| 5/12/2016 | David B Healey | VP | Sell | 1,000 | $28.61 | $28,610.00 | |
| 5/5/2016 | Michael B Luu | VP | Sell | 849 | $28.69 | $24,357.81 | |
| 3/15/2016 | Lynne P Mcghee | VP | Sell | 6,000 | $26.04 | $156,240.00 | |
| 3/1/2016 | Terry Bayer | Director | Buy | 2,722 | $25.17 | $68,512.74 | |
| 8/14/2015 | Ronald D Webb | VP | Buy | 1,000 | $22.28 | $22,280.00 | |
| 7/13/2015 | George A Vera | Director | Buy | 4 | $23.73 | $94.92 | |
| 5/14/2015 | Peter C Nelson | Director | Sell | 10,000 | $23.85 | $238,500.00 | |
| 5/11/2015 | Peter C Nelson | Director | Sell | 10,000 | $23.91 | $239,100.00 | |
| 5/7/2015 | Peter C Nelson | Director | Sell | 10,000 | $23.68 | $236,800.00 | |
| 3/11/2015 | Peter C Nelson | Director | Sell | 4,803 | $24.39 | $117,145.17 | |
| 3/10/2015 | Peter C Nelson | Director | Sell | 10,000 | $24.00 | $240,000.00 | |
| 3/9/2015 | Peter C Nelson | Director | Sell | 10,000 | $24.14 | $241,400.00 | |
| 3/5/2015 | Peter C Nelson | Director | Sell | 5,000 | $24.64 | $123,200.00 | |
| 12/3/2014 | Peter C Nelson | Director | Sell | 10,000 | $24.64 | $246,400.00 | |
| 12/1/2014 | Peter C Nelson | Director | Sell | 10,000 | $25.02 | $250,200.00 | |
| 11/26/2014 | Peter C Nelson | Director | Sell | 10,000 | $25.45 | $254,500.00 | |
| 11/17/2014 | Robert Guzzetta | Insider | Sell | 7,597 | $24.68 | $187,493.96 | |
| 11/11/2014 | George A Vera | Director | Buy | 4 | $25.57 | $102.28 | |
| 5/12/2014 | Lynne Mcghee | Insider | Sell | 3,580 | $21.65 | $77,507.00 | |
| 9/13/2013 | Martin Kropelnicki | CEO | Buy | 1,370 | $19.00 | $26,030.00 | |
| 3/5/2013 | Lester A Snow | Director | Buy | 2,751 | $20.62 | $56,725.62 | |
| 3/5/2013 | Martin A Kropelnicki | COO | Buy | 7,753 | $20.62 | $159,866.86 | |
| 3/5/2013 | Paul G Townsley | VP | Buy | 3,001 | $20.62 | $61,880.62 | |
| 3/5/2013 | Peter C Nelson | CEO | Buy | 12,504 | $20.62 | $257,832.48 | |
| 8/6/2012 | David B Healey | Insider | Buy | 2,814 | $18.65 | $52,481.10 | |
(Data available from 1/1/2013 forward)
Headline Trends for California Water Service Group (NYSE:CWT)
Latest Headlines for California Water Service Group (NYSE:CWT)
| Source: |
|
| Date | Headline |
|---|
 | Cal Water President & CEO Returns to House Energy and Commerce Subcommittee on Environment, Testifies on Solutions for Nation's Drinking Water Infrastructure Challenges
finance.yahoo.com - May 19 at 4:28 PM |
 | California Water Service Group (CWT) Expected to Post Quarterly Sales of $163.25 Million
www.americanbankingnews.com - May 14 at 10:08 AM |
| $0.31 Earnings Per Share Expected for California Water Service Group (CWT) This Quarter
www.americanbankingnews.com - May 12 at 10:22 AM |
| California Water Service Group : CWT-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 5, 2017
finance.yahoo.com - May 5 at 4:51 PM |
| Positive Press Coverage Somewhat Unlikely to Affect California Water Service Group (CWT) Stock Price
www.americanbankingnews.com - May 4 at 11:34 AM |
| Insider Selling: California Water Service Group (CWT) VP Sells 1,000 Shares of Stock
www.americanbankingnews.com - May 3 at 11:30 PM |
| California Water Service Group (CWT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 3 at 12:33 PM |
| ETFs with exposure to California Water Service Group : May 2, 2017
finance.yahoo.com - May 2 at 7:30 PM |
| California Water Service Group breached its 50 day moving average in a Bearish Manner : CWT-US : May 1, 2017
finance.yahoo.com - May 1 at 4:31 PM |
| California Water Service Group :CWT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 4:31 PM |
| California Water Service Group (CWT) Earns Daily Media Sentiment Score of 0.56
www.americanbankingnews.com - May 1 at 10:47 AM |
| Gabelli Lowers California Water Service Group (CWT) to Hold
www.americanbankingnews.com - April 29 at 7:32 AM |
| California Water Service Group (CWT) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 28 at 10:38 PM |
| Edited Transcript of CWT earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 28 at 5:39 PM |
| California Water Service Group (CWT) Receiving Positive Media Coverage, Report Shows
www.americanbankingnews.com - April 28 at 12:10 PM |
| California Water Service Group Announces Earnings for the First Quarter 2017
finance.yahoo.com - April 27 at 5:08 PM |
| California Water Service Group posts 1Q profit
finance.yahoo.com - April 27 at 5:08 PM |
| California Water Service Group (CWT) Issues Earnings Results
www.americanbankingnews.com - April 27 at 4:06 PM |
| California Water Service Group Board of Directors Declares 289th Consecutive Quarterly Dividend
finance.yahoo.com - April 27 at 1:47 AM |
| California Water Service Group (CWT) Announces Quarterly Dividend of $0.18
www.americanbankingnews.com - April 26 at 7:26 PM |
| Favorable Press Coverage Unlikely to Affect California Water Service Group (CWT) Share Price
www.americanbankingnews.com - April 25 at 11:45 AM |
| $128.3 Million in Sales Expected for California Water Service Group (CWT) This Quarter
www.americanbankingnews.com - April 23 at 8:49 AM |
| Zacks: Analysts Expect California Water Service Group (CWT) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - April 21 at 5:56 PM |
| California Water Service Group (CWT) Earning Positive Press Coverage, Study Finds
www.americanbankingnews.com - April 20 at 2:00 PM |
| California Water Service Group (CWT) Earning Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 3:41 PM |
| Water Utility Stocks: How Do They Stack Up by Q1 Performance?
finance.yahoo.com - April 14 at 10:34 AM |
| California Water Service Group (CWT) Receives Daily Coverage Optimism Rating of 0.26
www.americanbankingnews.com - April 13 at 12:08 PM |
| HNA Group Plans to Acquire CWT for $1 Billion
finance.yahoo.com - April 10 at 12:05 PM |
| California Water Service Group (CWT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 7 at 5:57 PM |
| California Water Service Group Schedules First Quarter 2017 Earnings Results Announcement and Teleconference
finance.yahoo.com - April 7 at 4:35 PM |
| Chico Fifth-Graders Win 2017 Cal Water H2O Challenge Grand Prize
finance.yahoo.com - April 7 at 9:20 AM |
| HNA Said to Be in Advanced Talks for $1 Billion CWT Takeover
finance.yahoo.com - April 7 at 9:20 AM |
| California Water Service Group Opens Application Period for 2017 College Scholarship Program in California, Hawaii, and Washington Subsidiaries
finance.yahoo.com - March 29 at 5:09 PM |
 | California Water Service Group breached its 50 day moving average in a Bearish Manner : CWT-US : March 28, 2017
us.rd.yahoo.com - March 28 at 4:21 PM |
| Cal Water President & CEO Testifies Before House Energy and Commerce Subcommittee on Environment; Provides Recommendations on Tackling Nation's Drinking Water Infrastructure Challenges
finance.yahoo.com - March 17 at 9:58 PM |
| CALIFORNIA WATER SERVICE GROUP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 17 at 4:57 PM |
 | California Water Service Group CWT
www.fool.com - March 16 at 6:01 PM |
| California Water Service Group (CWT) Given Consensus Recommendation of “Hold” by Analysts
www.americanbankingnews.com - March 13 at 1:17 PM |
 | [$$] Rains Expose a New Water Problem in California: Storage
www.wsj.com - March 7 at 12:06 PM |
| [$$] An End to California’s Drought Isn’t Cut and Dried
www.wsj.com - March 3 at 9:40 PM |
| California Water Service Prepared to Treat Potentially Impacted Water Sources as State Issues Draft Regulation for 1,2,3-Trichloropropane (TCP)
finance.yahoo.com - March 3 at 9:40 PM |
| CALIFORNIA WATER SERVICE GROUP Financials
finance.yahoo.com - March 1 at 1:14 PM |
| Edited Transcript of CWT earnings conference call or presentation 23-Feb-17 4:00pm GMT
finance.yahoo.com - February 24 at 12:01 PM |
 | California Water Service's (CWT) CEO Martin Kropelnicki on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 9:38 PM |
 | California Water Service Group Holding Q4 Earnings Advance 78%
www.nasdaq.com - February 23 at 9:38 PM |
| Q4 2016 California Water Service Group Earnings Release - 09:00 am ET
us.rd.yahoo.com - February 23 at 4:36 PM |
 | California Water Service Group Announces Earnings for Year-End and Fourth Quarter 2016
us.rd.yahoo.com - February 23 at 4:36 PM |
| CALIFORNIA WATER SERVICE GROUP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Discl
us.rd.yahoo.com - February 23 at 4:36 PM |
| American Water Works (AWK) Beats on Q4 Earnings Estimates
finance.yahoo.com - February 22 at 9:13 AM |
| [$$] California’s Dams Set to Face New Stress Tests
www.wsj.com - February 21 at 5:43 PM |
California Water Service Group (CWT) Chart for Sunday, May, 28, 2017
